As Uk House Prices Fall They’Re Now Back To 1986 Prices When Priced In Gold

About Me:As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.

Posted 15 April 2012 - 07:57 AM

It now takes 147 ounces of gold to buy the average UK house – a new low for the move.
When gold peaked back in 1980 this ratio got as low as 85 ounces to buy the average UK house.
For gold to get back to that ratio today would require a gold price of over £1900 or a home with an average home price of just £93,000.

Investors should abide by money management principals & never risk more than they can afford to lose.
There are No guarantees when investing in the Stock Market or Precious Metals. You might lose all your money and cry.

Remember that buying a house is a highly leveraged investment and can result in losses that exceed your initial deposit. Buying a house may not be suitable for everyone, so please ensure that you fully understand the risks involved.

"The time to buy is when blood is running in the streets" Baron Nathan Rothschild

About Me:As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.

Investors should abide by money management principals & never risk more than they can afford to lose.
There are No guarantees when investing in the Stock Market or Precious Metals. You might lose all your money and cry.

About Me:As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.

Posted 15 April 2012 - 08:10 AM

In fact the government is laughing at everyone because really it doesn't matter how much a house costs in pounds if they keep printing money the houses might even go up

Investors should abide by money management principals & never risk more than they can afford to lose.
There are No guarantees when investing in the Stock Market or Precious Metals. You might lose all your money and cry.

About Me:As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.

Posted 15 April 2012 - 08:22 AM

What would be great is to see different Graphs on the front page of the website, with Houses priced in different commodities.

Investors should abide by money management principals & never risk more than they can afford to lose.
There are No guarantees when investing in the Stock Market or Precious Metals. You might lose all your money and cry.

An easy comparison to make. Price them against a Ferrari 260 Californian and they're virtually being given away.Seems to me the only thing prices should be compared against is average earnings.

Exactly, I really don't care what a house cost in oil, gold or whatever. It makes no difference to me whatsoever.

What does matter is houses priced in £.

Remember that buying a house is a highly leveraged investment and can result in losses that exceed your initial deposit. Buying a house may not be suitable for everyone, so please ensure that you fully understand the risks involved.

"The time to buy is when blood is running in the streets" Baron Nathan Rothschild

About Me:As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.

Posted 15 April 2012 - 09:40 AM

Exactly, I really don't care what a house cost in oil, gold or whatever. It makes no difference to me whatsoever.

Investors should abide by money management principals & never risk more than they can afford to lose.
There are No guarantees when investing in the Stock Market or Precious Metals. You might lose all your money and cry.

About Me:As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.

Investors should abide by money management principals & never risk more than they can afford to lose.
There are No guarantees when investing in the Stock Market or Precious Metals. You might lose all your money and cry.

1. No party can achieve a majority in the May elections, still less the 325 or so seats needed for a reasonably stable working majority. So two predictions, first there'll be another coalition. And secondly, despite the new fixed term parliament legislation, there'll be another election before 2020.

2. Base rates will not exceed 1% in 2015.

3. Nominal UK house prices won't move up or down by more than 2% during 2015.

4. The US dollar will continue to strengthen.

5. FTSE dominated by Eurozone developments in 2015. If Mario Draghi prevails with meaningful QE then the FTSE will top 7000, more likely he won't and the FTSE will fall below 6000 on fears of a Euro exit and subsequent break up.

6. Despite oil prices increasing in the second half of 2015 inflation will remain well below the 2% target.

Exactly, I really don't care what a house cost in oil, gold or whatever. It makes no difference to me whatsoever.

What does matter is houses priced in £.

£???

It takes 625 pound coins to buy the average UK property, well the original £1 coins, the gold sovereign.

It might not make no difference to you, but it does to anyone who transferred cash savings out of bank or building society into the world's premier reserve currency. Many on here have been in this for a number of years, looking at the trend and past history of gold VS bricks and motar. We have taken a lot of flack being in the gold bubble , but year after year the the amount of gold to buy an average UK property has gone down and down. When I started with gold it took 600 ounces to buy a house, now it's 147 ounces with a target price, as has happened before in the past of 50-60 ounces.

I would be in paper sterling if I thought it was a sound place to be, but it is not in the present financial climate.

Edited by Take Me Back To London!, 15 April 2012 - 04:25 PM.

Bankers may well have acted as if they’ve been sitting in the casino during the boom years. But it was a state-owned casino, with governments as the croupiers, and central bankers behind the bar giving out free booze.

It now takes 147 ounces of gold to buy the average UK house – a new low for the move.When gold peaked back in 1980 this ratio got as low as 85 ounces to buy the average UK house.For gold to get back to that ratio today would require a gold price of over £1900 or a home with an average home price of just £93,000.

BBB @ Dec 5 2004, 05:30 PM: some credit crunch guys....not my idea of a credit crunch......is it yours? ''first this will happen, then this will happen'' you all said..kind of throws all your baloney theories out of the window doesn't it?

They will do anything to avoid suggesting that the size of the pie is not the real problem, it's the way it is sliced.